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Project Subsidy
A Project Subsidy is a financial assistance program that provides support to projects that align with specific government or organizational goals and objectives. The subsidy can be in the form of:
1. Grants: Non-repayable funds awarded to support project activities.
2. Tax credits: Reductions in tax liability for project-related expenses.
3. Low-interest loans: Loans with favorable interest rates to support project financing.
4. Rebates: Refunds or reimbursements for project-related costs.
Project subsidies aim to:
1. Encourage innovation and R&D
2. Support small businesses and entrepreneurship
3. Foster economic growth and job creation
4. Promote sustainable development and environmental protection
5. Address social and community needs